The Latin America, Middle East and Africa DataOps Platform Market would witness market growth of 26.1% CAGR during the forecast period (2023-2030).
Data can support organizational business operations. For instance, human resources departments can use data from applicant monitoring systems to enhance hiring procedures. Other system data can reveal trends that help HR managers create plans to retain top people and create more effective and contented workforces. In addition, marketing departments can execute cross-functional projects with the sales and customer care departments to improve customer experiences by using data to disclose insights about customer behavior.
Agility is one of the numerous advantages a DataOps methodology brings to data-driven enterprises since data scientists can iterate quickly to improve models. New models can be published independently from work on application development and can be used in production without stopping the production application from running.
Productivity can rise with DataOps since each team can concentrate on what they do best. Finding, copying, curating, and otherwise manipulating data is "plumbing" labor that data scientists avoid becoming mired down in. Application developers don't waste time modifying data scientists' code to make it work in a production environment. A unified data platform allows for uniformly implementing organizational data access and privacy policies across all organizations. Activities for developing models and deploying applications draw on the governance group's data access policies. Consequently, as the number of data-driven organizations grows and the demand for effective data storage, security, and automation rises DataOps will increasingly be used, which will help the market grow.
Saudi Arabia is anticipated to be among the top innovators in the digital health industry. The federal government has allotted $1.5 billion for various IT and digital transformation efforts in the healthcare sector. In addition, the Ministry of Health has implemented an e-Health strategy that utilizes telemedicine to improve the quality and accessibility of treatment in remote areas. As a result, 70% of physicians in Saudi Arabia have adopted telemedicine, and 34% of youth physicians use AI for diagnosis. The increasing demand for DataOps platforms to collect patient data and for various other applications is anticipated to be fueled by the expansion of the healthcare sector and its rapid digitalization, aiding regional market growth.
The Brazil market dominated the LAMEA DataOps Platform Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $303.5 million by 2030. The Argentina market is anticipated to grow at a CAGR of 26.8% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 25.8% during (2023 - 2030).
Based on Deployment, the market is segmented into Cloud (Public Cloud, Private Cloud and Hybrid Cloud) and On-premise. Based on Service Model, the market is segmented into Agile Development, DevOps and Lean Manufacturing. Based on Component, the market is segmented into Platform and Services. Based on Vertical, the market is segmented into BFSI, IT & Telecommunication, Retail, Media & Entertainment, Healthcare & Dental, Energy & Utilities, Manufacturing, Government and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide DataOps Platform Market is Projected to reach USD 14.6 Billion by 2030, at a CAGR of 21.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Oracle Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Informatica, LLC, Teradata Corporation, Wipro Limited, Accenture PLC, SAS Institute, Inc. and Hitachi Vantara LLC (Hitachi Ltd.)
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